Area Guide For Hatfield

Hatfield is a town and civil parish in Hertfordshire, England in the borough of Welwyn Hatfield. It has a population of 29,616, and is of Saxon origin. Hatfield House, the home of the Marquess of Salisbury, is the nucleus of the old town. From the 1930s when de Havilland opened a factory until the 1990s when British Aerospace closed, Hatfield was associated with aircraft design and manufacture, which employed more people than any other industry. Hatfield was one of the post-war New Towns built around London and has much modernist architecture from the period. The University of Hertfordshire is based there. In 2000 there was a fatal rail crash on the line that runs through the town from London to York, in which four people lost their lives. Hatfield is 20 miles north of London. A train service runs directly from Hatfield Station to Kings Cross, taking approximately 20 minutes on the fast service. In the Saxon period Hatfield was known as Hetfelle, but by the year 970, when King Edgar gave 5,000 acres (20 km) to the monastery of Ely, it had become known as Haethfeld. Hatfield is mentioned in the Domesday Book as the property of the Abbey of Ely, and unusually, the original census


Hatfield Map

Estimated Price: £372,579
Average Asking Price: £911,073
Price change in last one year: £36,990
Average Price Paid: £299,806
Average Rent Rates: £3,813


Property Prices Breakdown in Hatfield

Average Price for property in Hatfield is around £372,579 which varies based on type of property you are interested in and ranges from £804,644 for detached house to around £396,213 for semi-detached. Similarly terraced house is around £283,625 and a flat is worth £211,427. Values have been changing and have risen £3,275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,182 in last 6 months, £36,990 in last 1 year, £48,923 in last 2 years, £50,109 in last 3 years, £53,575 in last 4 years and £57,703 in last 5 years.

Currently average asking price of a property in Hatfield is around £911,073 based on approximately 577 properties for sale. Same is the case with rental options based on 281 properties up for rent, average asking rent is around £3,813 per month.

Estimated property value in Hatfield is £372,579. Average asking price is £911,073 while average price paid is £331,315 which is up by £36,990 and Avg. asking rent £3,813.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hatfield area. In last 1 year alone average price buyer paid is around £331,315 based on approximately 577 sales in Hatfield area alone. If you compare it to last 3 years sales of 1,498 properties where buyers paid around £310,505. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £299,806 for 2,460 and average amount paid for purchase of approx. 3,312 properties sold in last 7 years comes to about £294,893 per sale.


Properties For Sale in Hatfield


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £312,599, £399,670 for a 3 bedroom house, £811,863 for a 4 bedroom house and £1,475,308 for a 5 bedroom house. For a flat similarly the prices varies from £121,790 for a single bedroom to £348,316 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £477,500. To sum up the asking prices for properties in Hatfield it comes to around average £121,790 for 1 bedroom property, £342,736 for 2 bedroom, £415,772 for 3 bedroom, £811,863 for 4 bedroom and £1,475,308 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £713 for 1 bedroom to £1,147 for 2 bedrooms, £1,311 for 3 bedrooms, £2,064 for 4 bedrooms and £5,550 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,243. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,696 and £2,757 for 3 bedroom. You should be generally be expecting around average £1,080 rent per month for single bedroom property, £2,810 for 2 bedroom, £1,944 for 3 bedroom, £2,064 for 4 bedroom and approximately £5,550 for a 5 bedroom property in Hatfield area.

Popular Houses in Hatfield

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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